The isomerization of 1,2-epoxycyclopentane (1) to enantiomerically enriched (R)-cyclopent-2-enol (2) in protic solvents is catalyzed by coh(1)abdmin. The enantiomeric excess (e.e.) of (R)-2 is usually ca. 60%; it is only slightly dependent on the temperature, hut increases with decreasing dielectric constant E of the solvent. Standard kinetic methods show the reaction to be first order in vitamin B,, and zero order in 1. The rate constant increases exponentially with increasing E of the solvent. An Arrhenius plot at E = 40 gives activation parameters A H f = 78 + 4 kJ.mol-I and A S f = -49 ! C 1 J.mo1-I.K-l. The isomerization 1 + 2 proceeds in two steps (Schemes 2 and 7): i) The epoxide ring is first opened by the proton-assisted fast and irreversible nucleophilic attack of the chiral Co' catalyst to form diastereoisomeric (1 R,2R)-and (lS,2S)-(2-hydroxycyclopentyl)cob(III)alamins 6 in a ratio of ca. 4:l which are the dominant species in the steady state; ii) The intermediates 6 then decompose in the rate-limiting step to form 2 and recycled catalyst. Experiments with specifically 'H-labeled 1 showed the hydro-cobalt elimination 6 -+ 2 to be non-stereoselective. It proceeds via reversible Co-C bond homolysis to a free 2-hydroxycyclopentyl radical from which stereoelectronically controlled H-abstraction by Co" takes place.